CryptoPunks’ Contribution to NFT Growth
CryptoPunks financial impact is significant. The NFT project has amassed a total of $2.8 billion in sales. Over the past 24 hours, its value has jumped by $1.25 million—an 812% increase from the day before.
CryptoSlam data ranks the NFT project as the third highest among top collections, behind Axie Infinity NFTs, held on the Ronin blockchain, which has sales totaling $4.27 billion, and Bored Ape Yacht Club with $3.14 billion. Still, CryptoPunks is no stranger to surpassing Bored Apes’ market cap.
Read more: CryptoPunks Surpasses BAYC in Market Cap – NFT Plazas
The recent sale of CryptoPunk #741 sale highlights the rising demand for rare NFTs and transformative trends in the sector, reflecting the ongoing vibrancy and interest from investors and collectors in non-fungible collectibles.
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